What is a stamp duty?

Answer

A stamp duty is a tax levied by the government on legal documents such as cheques, receipts, land transactions and marriage licences. The most common stamp duties include the stamp duty land tax levied on land and the stamp duty reserve tax or the stamp duty levied on stocks and shares. Normally, the stamp duty rates are fixed and payable upon completion of a purchase.
Q&A Related to "What is a stamp duty?"
1. Restrict your property search to £125,000 or less to avoid SDLT. Purchase a property of £125,000 or less. 2. Both parties must be first-time buyers to qualify for the
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In Australia "Stamp duty" is a tax levied by individual States in the Commonwealth of Australia. In Victoria stamp duty is levied under the Duties Act and collected by the
http://wiki.answers.com/Q/What_is_the_stamp_duty_i...
An ad valorem or flat rate charged on certain documents. Investopedia Says: This is an extra charge placed on documents. Related Links: Learn to distinguish between general obligation
http://www.answers.com/topic/stamp-duty
It is a tax that basically covers the cost of having official documents that recognise ownership of certain assets. By having the 'stamp' (no longer a literal stamp) this means your
http://www.quora.com/Why-is-there-stamp-duty-on-ho...
1 Additional Answer
This is a catch-all term for many number of different types of taxes that are levied on documents that transfer ownership of shares.
Explore this Topic
Stamp duty is payable as soon as the transaction for which the duty is being paid for is complete. Stamp duty is a tax that is charged on documents of which a ...
Stamp Duty Land Lax is a fee payable on the purchase of land, property or shares. It is paid for purchases above a certain threshold and requires a physical stamp ...
One of the ways to avoid stamp duty legally is by asking a property developer to offer cash backs and stamp paid incentives when buying or selling property. Another ...
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